So, you’ve heard that all eyes are on the Jackson Hole Economic Symposium, and you’re wondering why every trader (from pros to meme-stock aficionados) is glued to their screens. Don’t worry—I’ll walk you through what’s happening, why it matters, and what this could mean for your trading journey! What is Jackson Hole and Fed Policy Recalibration? Every August, central…
Trump If everything works out well we will have a trilateral meeting Trump:think progress is being made. Possibility that something could come out of the Putin meeting Will work with Ukraine and all to make sure peace stays There will be a lot of help on security Zelenskyy: Thanks Trump for his efforts Need to stop the war Ready…
Euro (EUR) could continue to rebound, but any advance may be limited to a test of 1.1730. Outlook is mixed; for the time being, EUR is likely to trade in a range of 1.1630/1.1755, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note. EUR is likely to trade in a range 24-HOUR VIEW: “EUR fell sharply last…
2025.08.18 2025.08.18 Three Drives Pattern: A Powerful Tool for Reversal Trading Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ A Three Drives pattern is one of the key technical analysis tools that helps traders pinpoint price reversals. This harmonic pattern simplifies the prediction of price swings, as it is based on three equal impulses and corrections. The pattern can be used in various trading strategies…
GBP/CAD has formed higher lows and found resistance close to a major psychological level, creating an ascending triangle on its daily chart. Can it bust through the top soon? Take a look at these potential targets I’m watching on the long-term time frame! GBP/CAD Daily Forex Chart by TradingView Stronger U.K. fundamentals, as supported by an upside surprise in…
Meanwhile, back to the other war with Ukraine and Russia, Trump posts: A big day at the White House. We have never had so many European leaders here at one time. A great honor for America!!! Let’s see what results will be??? Pres DJT. OK. Ego booster for the Pres. Those who will be in Washington today include: French…
The markets are off to a slow start, with low vol summertime trading still overshadowing broader developments, Scotiabank’s Chief FX Strategists Shaun Osborne and Eric Theoret note. USD little changed as attentions shifts to Powell comments due Friday “There is clearly much to digest and understand from Friday’s Trump/Putin meeting—details may become clearer with today’s gathering in Washington—but implications…
2025.08.18 2025.08.18 Peso Enjoys Roaring Carry Trades. Forecast as of 18.08.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The popularity of carry trades, expectations of a Fed rate cut, the Bank of Mexico’s cautious approach, and the 90-day tariff delay for Mexico are driving the USDMXN exchange rate lower. How long will bears dominate the market? Let’s discuss this topic and make a trading…
Forex trading is one of the world’s largest and most liquid financial markets. Every day, traders across the globe buy and sell currency pairs to take advantage of price movements driven by economic, political, and market-related factors. According to the Triennial Survey, trading in over-the-counter (OTC) forex markets reached $7.5 trillion per day in April 2022, a 14% increase…
Rate cuts by year-end Fed: 55 bps (84% probability of rate cut at the upcoming meeting) ECB: 11 bps (93% probability of no change at the upcoming meeting) BoE: 15bps (94% probability of no change at the upcoming meeting) BoC: 22 bps (64% probability of no change at the upcoming meeting) RBA: 37 bps (66% probability of no change…
